CAPACITY WATCH: Northern Chinese mills sell capacity to southern region

Two steel mills in northern China have sold 2.21 million tonnes per year of iron-making capacity and 1.52 million tpy of crude steel capacity to mills in the southern region, according to local government notices released earlier this week.

Seller: Hebei Chengde Shengfeng Steel Location: Chengde city, Hebei province Capacity sold: 1.48 million tpy of iron-making capacity, 1.52 million tpy of crude steel capacity Facilities to dismantle: two 650-cubic-meter...

Published

Jessica Zong

December 26, 2019

08:50 GMT

Shanghai